Support for global development needed, UN hears

The leader of the China International Development Cooperation Agency emphasized on Tuesday China's achievements in global development and reiterated its commitment to narrowing the North-South gap and supporting developing countries.

"What we are facing is increasing geopolitical conflicts, intensified major power competition, a slowdown in North-South cooperation, and an expanding development gap," Luo Zhaohui, chairman of the CIDCA, said during the United Nations Economic and Social Council's Financing for Development Forum 2023.

"North countries' assistance promises have not been met. Some countries would rather spend a lot on wars," he said.